How is the price of Louis Vuitton Speedy 30 or Neverfull MM in Greece compared to other parts of Europe like France or Italy? This is a common question asked by many especially if they are heading to Greece for a holiday. The answer to that question is is same. Louis Vuitton generally maintains consistent pricing for its products across the Eurozone. This means that prices in Greece should be comparable to those in Italy and France, given that they all use the Euro. The differences, if any, are often minimal and typically due to local taxes or import duties.
Since the price is the same whether you buy your Louis Vuitton bag either in Greece, Italy, or France. The differences will lie in the actual tax refund you received. The actual VAT refund amount you receive in Greece, Italy, and France can vary depending on the refund service provider and their fees. Here’s a breakdown of the potential refunds in each country, considering the service fees commonly associated with these providers.
VAT Refund Comparison
In Greece
- Speedy 30:
- Retail Price: €1,550
- Total VAT: €1,550 × 24% = €372
- Estimated Refund after Fees: 12-18% of €1,550 = €186-€279
- Neverfull MM:
- Retail Price: €2,030
- Total VAT: €2,030 × 24% = €487
- Estimated Refund after Fees: 12-18% of €2,030 = €279-€365
In Italy
- Speedy 30:
- Retail Price: €1,550
- Total VAT: €1,550 × 22% = €341
- Estimated Refund after Fees: 10-16% of €1,550 = €155-€248
- Neverfull MM:
- Retail Price: €2,030
- Total VAT: €2,030 × 22% = €446
- Estimated Refund after Fees: 10-16% of €2,030 = €203-€324
In France
- Speedy 30:
- Retail Price: €1,550
- Total VAT: €1,550 × 20% = €310
- Estimated Refund after Fees: 10-15% of €1,550 = €155-€232
- Neverfull MM:
- Retail Price: €2,030
- Total VAT: €2,030 × 20% = €406
- Estimated Refund after Fees: 10-15% of €2,030 = €203-€304
Summary of Refunds
Speedy 30
- Greece: €186-€279
- Italy: €155-€248
- France: €155-€232
Neverfull MM
- Greece: €279-€365
- Italy: €203-€324
- France: €203-€304
Conclusion
While the differences in VAT refunds are relatively minor, you might get a slightly higher refund percentage in Greece compared to Italy and France. However, the variance isn’t substantial enough to make a significant financial impact. Therefore, the decision on where to purchase can also consider other factors such as convenience, travel plans, and shopping experience.